Closed! Hard Money Loan in Coronado: $365,000 @ 12.50%, 2nd TD, Condo, Cash-Out, 65.00% CLTV
Successful business owner sought a business purpose cash-out 2nd TD on this owner occupied condo in Coronado, San Diego, CA. Proceeds from our loan will be used for capital infusion and expansion into his FinTech lending business, CrediFai. Exit strategy is a consolidation refinance in the next 12-18 months. The subject is located in the…